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Form 1095-A-Health Insurance Marketplace Statement.When you start a free tax return on, we will automatically report the required information regarding your health insurance and the Premium Tax Credit on the correct tax forms.Īt, we cover all the healthcare tax forms on the following pages: If you need to report your healthcare information on your return for this reason, you can easily do this on. You will also need to report your health insurance if you were enrolled through the Marketplace and advance payments of the Premium Tax Credit were made to your insurance company to reduce your monthly premium payment. If you received health insurance through the Health Insurance Marketplace (also known as an Exchange), your coverage will be reported on a 1095-A and you will need to provide Form 1095-A information with your 2021 Tax return. If you do wish to claim the Premium Tax Credit, you will need Part II of Form 1095-C - this only applies if you purchased additional healthcare through the Marketplace () and received a Form 1095-A. Information on 1095-C might be relevant if you had to purchase health insurance via the marketplace (see 1095-A below). You only receive the form because the insurance company submits the 1095-C to the IRS and they are required to issue you a copy. In most cases, you will only need to retain this form, but it is not needed on your income tax return for 2020 or 2021. In other words, if you only received a 1095-C for healthcare, simply store this form with your records. Since your healthcare contributions are reported on your W-2, the 1095-C is not needed when it is the only healthcare information you have. It shows what the employer offered for coverage, what you as the employee claimed, and the contributions you made for pay for this insurance. In general, the 1095-C shows your healthcare situation between you and your employer. See the information below for links to each page with more information. There are three main healthcare forms: 1095-A, 1095-B, and 1095-C. The form is informational and is used to report whether they offered you health insurance coverage if they did, information will be shown about that. However, you don't have to wait until then to file your return as you might get your information in a different way from your employer. If you and/or your family receive health insurance through an employer, the employer will provide Form 1095-C by early March following the tax year. Health Insurance What to Do with Form 1095-C
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